Westbrook, ME Foreclosures
How much do homes sell for in Westbrook, ME?
The average home price is currently $454,653.
In Westbrook, ME, how many homes are available?
There are currently 2 active home listings available in Westbrook.
What’s the average rental cost in Westbrook, ME?
The average rental price in Westbrook is $1,419.
What is the most expensive home in Westbrook?
The most expensive home sold in Westbrook had a price of $16,787,066.
What is currently the cheapest priced home in Westbrook, ME?
The cheapest home for sale in Westbrook is priced at $39,000.
Living in Westbrook, ME
Westbrook, ME is a thriving city that embodies a perfect blend of urban convenience and suburban charm. With its vibrant community, excellent schools, and abundant recreational opportunities, it offers residents a high quality of life. Its proximity to Portland also provides easy access to a variety of cultural and recreational activities.
Current Market Conditions in Westbrook, ME
The real estate market in Westbrook, ME, has seen increased activity over the past few months, with a noticeable rise in home prices. The demand for homes has surged due to the city's appealing lifestyle and access to Portland, attracting both new residents and investors. As a result, there is a competitive atmosphere for home buyers, leading to quick sales and multiple offers on properties in this desirable location.
In recent years, Westbrook has been experiencing a revitalization, with new developments and renovations adding to its appeal. This growth has resulted in a stronger local economy and an influx of new businesses, further enhancing the attractiveness of the city for potential homeowners.
Home Value Estimator For Westbrook, ME
There are currently 6,550 real estate properties
in Westbrook, ME,
with a median automated valuation model (AVM) price
of $442,479.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Westbrook, ME, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Westbrook, ME,
is $454,653.00, with the most expensive house
in Westbrook, ME, topping out
at $16,787,066.00 and the cheapest home
in Westbrook, ME,
clocking in at $39,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Westbrook, ME!
Rent Prices
In Westbrook, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Westbrook, ME, is on
a rollercoaster ride. The
average rent price in Westbrook, ME,
is $1,419.00. Indeed, when looking to rent in
Westbrook, ME, you can expect to pay as little
as $1,080.00 or as much
as $2,340.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Westbrook, ME
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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